Servicemember Student Loan Affordability Act of 2020
USA116th CongressS-4002| Senate
| Updated: 6/18/2020
Richard J. Durbin
Democratic Senator
Illinois
Cosponsors (1)
Veterans' Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Servicemember Student Loan Affordability Act of 2020 This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
Armed Forces and National Security
Higher educationInterest, dividends, interest ratesMilitary personnel and dependentsStudent aid and college costs
Servicemember Student Loan Affordability Act of 2020
USA116th CongressS-4002| Senate
| Updated: 6/18/2020
Servicemember Student Loan Affordability Act of 2020 This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
Richard J. Durbin
Democratic Senator
Illinois
Cosponsors (1)
Veterans' Affairs Committee
Armed Forces and National Security
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Higher educationInterest, dividends, interest ratesMilitary personnel and dependentsStudent aid and college costs